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AbraPlata Resource Corp.
Summary
| Project: | Diablillos | |
|---|---|---|
| Deposit: | Diablillos | |
| Location: | Argentina | |
| Commodities: | Gold-Silver | |
| Date: | 11/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-11-2017: AbraPlata Resource Corp. announces an Exploration/Drilling Update report for its Diablillos deposit at the Diablillos project. Drilling results incl. 10.6m @ 16.7g/t Au, 39.2g/t Ag from 210m. BUENOS AIRES, Argentina – November 14, 2017, - Abra | |
| Resources: | (Resource, Ind.): 81.3Moz Ag, 755koz Au contained at project | |
| CP/QP: | [Overall Report]: Willem Fuchter (Internal) | |
| ABSTRACT: | BUENOS AIRES, Argentina – November 14, 2017, - AbraPlata Resource Corp (TSX.V:ABRA; OTCQB: ABBRF; Frankfurt: 1AH) ("AbraPlata" or the "Company") is pleased to announce that, following a comprehensive review of the geology and drill core, the Company has defined a gold-rich zone located in the lower part of the Oculto Ag-Au deposit in the southern half of the Diablillos property (Figure 1). This zone (Figure 2) is centered on drill hole DDH-97-007A (Figure 3) which intersected 2.7g/t Au & 15.6g/t Ag over 108m (from 197.2m down the hole), including 16.7g/t Au & 39.2g/t Ag over 10.6m (from 210m to 220.6m) in which a single sample returned 90.7g/t Au over 1.1m. The gold-rich zone measures approximately 300m by 50m (Figure 2), and lies both within the “regolith” breccia and below it in the basement (Figures 4 & 5), which has not been extensively drill tested. Furthermore, the zone is coincident with the recently identified structure that controls both the geometry and overall NE-SW trend of the Oculto deposit as a whole (Figure 2 and 5). “The recent review of the drilling results by our consultant geologist has resulted in a new appreciation of the extent and grade of the gold-dominant mineralization in the basement rocks of the Oculto deposit,” commented AbraPlata’s Chairman, Hernan Zaballa, adding that: “The higher grades and large width of this zone highlights the considerable potential for delineating additional gold-rich resources in Oculto and the Company plans to drill new holes into this zone in the near future.” dip | |
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